In accordance with relevant laws and regulations, the China Securities Regulatory Commission performs the following responsibilities in the supervision, operation and management of the securities market:

(1) Research and formulate policies and development plans for the securities and futures markets ; Draft relevant laws and regulations for the securities and futures markets; formulate relevant regulations, rules and measures for the securities and futures markets.

(2) Vertically lead the national securities regulatory agencies and implement centralized and unified supervision of the securities and futures markets. The leadership team and leading members who operate and manage relevant securities enterprises are responsible for the daily operation and management of the supervisory boards of relevant securities enterprises.

(3) Supervise the issuance, listing, trading, custody and settlement of stocks, convertible bonds, securities enterprise bonds and bonds and other securities determined by the State Council to be the responsibility of the China Securities Regulatory Commission; supervise the behavior of securities investment in funds; approve The listing of corporate bonds; supervising the trading behavior of listed treasury bonds and corporate bonds.

(4) Supervise the listing, trading and clearing of domestic futures contracts; supervise domestic institutions engaged in overseas futures business in accordance with regulations.

(5) Supervise the securities market behavior of listed companies and their shareholders who must perform relevant obligations according to laws and regulations.

(6) Operate and manage securities and futures exchanges; operate and manage senior operating managers of securities and futures exchanges in accordance with regulations; centrally operate and manage the Securities Association and the Futures Association.

(7) Supervise securities and futures operating institutions, securities investment fund operation and management enterprises, securities registration and clearing enterprises, futures clearing institutions, securities and futures investment consulting institutions, and securities credit rating institutions; cooperate with the People's Bank of China *** Also examine and approve the qualifications of fund custodian institutions and supervise their fund custody business; formulate management methods for the qualifications of senior management personnel of the above-mentioned institutions and organize their implementation; guide the China Securities Industry and Futures Association to carry out the qualification management of securities and futures practitioners.

(8) Supervise domestic enterprises to directly or indirectly issue stocks and go public overseas; supervise domestic institutions to establish securities institutions overseas; supervise overseas institutions to establish securities institutions and engage in securities business within the country.

(9) Supervise the dissemination of securities and futures information, and be responsible for the statistics and information resource operation and management of the securities and futures markets.

(10) Work with relevant departments to approve the qualifications of accounting firms, asset appraisal agencies and their members to engage in securities and futures intermediary business and supervise their related business activities; supervise law firms and lawyers to engage in securities and futures-related businesses behavior.

(11) Investigate and punish securities and futures violations in accordance with the law.

(12) Centrally manage the external exchanges and international cooperation affairs of the securities and futures industry.

(13) Other matters assigned by the State Council.